Manhattan Associates Inc. (NASDAQ: MANH) announced that its Executive Vice President and Chief Financial Officer Dennis Story will retire effective March 31, 2026, and that Linda Pinne will assume the CFO role on the same date. Story will remain an advisor to CEO Eric Clark through December 31, 2026, ensuring a smooth transition of financial stewardship.
Linda Pinne brings more than 20 years of experience at Manhattan, having served as Senior Vice President, Global Corporate Controller, and Chief Accounting Officer since January 2016. Her tenure has been marked by the strengthening of financial processes and controls during the company’s cloud transformation, positioning her to lead the finance organization into its next growth phase.
The company’s record subscription revenue growth is underpinned by a $2.2 billion RPO backlog at year‑end 2025, an increase from the $2.1 billion figure previously cited. Cloud subscription revenue is projected to rise 21% to $492 million, reflecting continued demand for the company’s cloud‑native platform and its expanding AI capabilities.
"Manhattan is off to a solid start to 2025 and delivered better than expected top and bottom line first quarter results," said CEO Eric Clark. He added, "Manhattan enters 2026 with an expanded go‑to‑market footprint and numerous opportunities to drive growth," underscoring the confidence in the company’s strategic direction and the continuity of leadership under Pinne.
The announcement was met with a positive market reaction, reflecting investor confidence in the continuity of leadership and the reaffirmation of 2026 guidance, which projects revenue between $1.133 billion and $1.153 billion.
The CFO transition signals Manhattan’s commitment to sustaining its cloud‑first strategy and AI investments while maintaining strong financial governance. Pinne’s deep institutional knowledge and proven track record in financial controls position the company to capitalize on its growing cloud subscription base and to support the next phase of platform expansion.
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